RH (RH) 10-Q 12 Jun 14 2014 Q1 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information	3 Months Ended
	3-May-14	Jun. 06, 2014
Document And Entity Information [Abstract]	'	'
Document Type	'10-Q	'
Amendment Flag	'false	'
Document Period End Date	3-May-14	'
Document Fiscal Year Focus	'2014	'
Document Fiscal Period Focus	'Q1	'
Trading Symbol	'RH	'
Entity Registrant Name	'Restoration Hardware Holdings Inc	'
Entity Central Index Key	'0001528849	'
Current Fiscal Year End Date	'--01-31	'
Entity Filer Category	'Large Accelerated Filer	'
Entity Common Stock, Shares Outstanding	'	39,374,139

Condensed_Consolidated_Balance

Condensed Consolidated Balance Sheets (USD $)	3-May-14	Feb. 01, 2014
In Thousands, unless otherwise specified
Current assets:	'	'
Cash and cash equivalents	$10,942	$13,389
Accounts receivable-net	18,922	22,028
Merchandise inventories	483,530	453,845
Current deferred tax assets	21,400	21,400
Prepaid expense and other current assets	126,872	103,153
Total current assets	661,666	613,815
Property and equipment-net	241,053	214,909
Goodwill	124,627	122,424
Trademarks and domain names	47,410	47,410
Other intangible assets-net	1,335	1,298
Non-current deferred tax assets	16,985	16,980
Other assets	6,880	8,267
Total assets	1,099,956	1,025,103
Current liabilities:	'	'
Accounts payable and accrued expenses	215,381	206,778
Deferred revenue and customer deposits	53,933	53,595
Current deferred tax liabilities	143	145
Other current liabilities	33,227	56,930
Total current liabilities	302,684	317,448
Revolving line of credit	149,146	85,425
Deferred rent and lease incentives	38,356	37,727
Other long-term obligations	67,543	39,231
Total liabilities	557,729	479,831
Commitments and contingencies (See Note 12 to the unaudited condensed consolidated financial statements)	'	'
Stockholders' equity:	'	'
Common stock, $0.0001 par value per share, 180,000,000 shares authorized, 39,373,425 shares issued and outstanding as of May 3, 2014 and 39,124,764 shares issued and outstanding as of February 1, 2014	4	4
Additional paid-in capital	595,419	584,641
Accumulated other comprehensive income	693	629
Accumulated deficit	-35,497	-37,292
Treasury stock - at cost, 281,675 and 40,353 shares, respectively	-18,392	-2,710
Total stockholders' equity	542,227	545,272
Total liabilities and stockholders' equity	$1,099,956	$1,025,103

Condensed_Consolidated_Balance1

Condensed Consolidated Balance Sheets (Parenthetical) (USD $)	3-May-14	Feb. 01, 2014
Statement Of Financial Position [Abstract]	'	'
Common stock, par value	$0.00	$0.00
Common stock, shares authorized	180,000,000	180,000,000
Common stock, shares issued	39,373,425	39,124,764
Common stock, shares outstanding	39,373,425	39,124,764
Treasury stock, shares	281,675	40,353

Condensed_Consolidated_Stateme

Condensed Consolidated Statements of Operations (USD $)	3 Months Ended
In Thousands, except Share data, unless otherwise specified	3-May-14	4-May-13
Income Statement [Abstract]	'	'
Net revenues	$366,254	$301,337
Cost of goods sold	241,905	199,460
Gross profit	124,349	101,877
Selling, general and administrative expenses	119,571	101,366
Income from operations	4,778	511
Interest expense	-2,056	-840
Income (loss) before income taxes	2,722	-329
Income tax expense (benefit)	927	-168
Net income (loss)	$1,795	($161)
Weighted-average shares used in computing basic net income (loss) per share	39,152,923	38,076,026
Basic net income (loss) per share	$0.05	'
Weighted-average shares used in computing diluted income (loss) per share	40,787,726	38,076,026
Diluted net income (loss) per share	$0.04	'

Condensed_Consolidated_Stateme1

Condensed Consolidated Statements of Comprehensive Income (Loss) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	3-May-14	4-May-13
Statement Of Income And Comprehensive Income [Abstract]	'	'
Net income (loss)	$1,795	($161)
Foreign currency translation adjustment-net of tax	64	-31
Total comprehensive income (loss)	$1,859	($192)

Condensed_Consolidated_Stateme2

Condensed Consolidated Statements of Cash Flows (USD $)	3 Months Ended
In Thousands, unless otherwise specified	3-May-14	4-May-13
CASH FLOWS FROM OPERATING ACTIVITIES	'	'
Net income (loss)	$1,795	($161)
Adjustments to reconcile net income (loss) to net cash used in operating activities:	'	'
Depreciation and amortization	7,640	6,630
Excess tax benefit from exercise of stock options	-5,364	'
Stock-based compensation expense	2,231	3,631
Non-cash interest expense	168	168
Change in assets and liabilities:	'	'
Accounts receivable	3,106	-672
Merchandise inventories	-29,631	-12,437
Prepaid expense and other assets	-19,665	-44,707
Accounts payable and accrued expenses	4,346	25,978
Deferred revenue and customer deposits	338	1,257
Other current liabilities	-22,822	534
Deferred rent and lease incentives	593	115
Other long-term obligations	46	41
Net cash used in operating activities	-57,219	-19,623
CASH FLOWS FROM INVESTING ACTIVITIES	'	'
Capital expenditures	-16,515	-9,737
Net cash used in investing activities	-16,515	-9,737
CASH FLOWS FROM FINANCING ACTIVITIES	'	'
Gross borrowings under revolving line of credit	469,594	353,258
Gross repayments under revolving line of credit	-405,873	-321,765
Payments on capital leases	-985	-840
Stock options exercised	3,500	'
Excess tax benefit from exercise of stock options	5,364	'
Tax withholdings related to issuance of stock-based awards	-317	'
Net cash provided by financing activities	71,283	30,653
Effects of foreign currency exchange rate translation	4	22
Net increase (decrease) in cash and cash equivalents	-2,447	1,315
Cash and cash equivalents	'	'
Beginning of period	13,389	8,354
End of period	10,942	9,669
Non-cash transactions:	'	'
Property and equipment acquired under capital lease	93	'
Property and equipment acquired under build-to-suit transactions	12,587	'
Property and equipment additions in accounts payable	$11,944	$8,107

The_Company

The Company	3 Months Ended
	3-May-14
Accounting Policies [Abstract]	'
The Company	'
	NOTE 1—THE COMPANY
	Nature of Business
	Restoration Hardware Holdings, Inc., a Delaware corporation, together with its subsidiaries (collectively, the “Company”), is a luxury home furnishings retailer that offers a growing number of categories including furniture, lighting, textiles, bathware, décor, outdoor and garden, tableware and children’s furnishings. These products are sold through the Company’s stores, catalogs and websites. As of May 3, 2014, the Company operated a total of 69 retail stores and 17 outlet stores in 29 states, the District of Columbia and Canada, and had sourcing operations in Shanghai and Hong Kong.
	Basis of Presentation
	The accompanying unaudited interim condensed consolidated financial statements have been prepared from the Company’s records and, in management’s opinion, include all adjustments necessary to fairly state the Company’s financial position as of May 3, 2014, and the results of operations for the three months ended May 3, 2014 and May 4, 2013. The Company’s current fiscal year ends on January 31, 2015 (“fiscal 2014”).
	Certain information and disclosures normally included in the notes to annual consolidated financial statements prepared in accordance with accounting principles generally accepted in the United States of America have been condensed or omitted for purposes of these interim condensed consolidated financial statements.
	These unaudited interim condensed consolidated financial statements should be read in conjunction with the consolidated financial statements and related notes included in the Company’s Annual Report on Form 10-K for the fiscal year ended February 1, 2014 (“2013 Form 10-K”). Certain prior year amounts have been reclassified for consistency with the current period presentation. This reclassification had no effect on the previously reported consolidated results of operations, financial position or cash flows.
	The results of operations for the three months ended May 3, 2014 presented herein are not necessarily indicative of the results to be expected for the full fiscal year.
	Acquisition
	On February 3, 2014, the Company completed a business acquisition from an entity that is owned by an employee of the Company for an aggregate purchase price of $2.5 million. The Company accounted for this acquisition utilizing the purchase method. In accordance with the purchase method, all assets and liabilities were recorded at fair value, including goodwill and other intangible assets acquired. Goodwill and other intangible assets related to this acquisition are included in these condensed consolidated financial statements.

Recent_Accounting_Pronouncemen

Recent Accounting Pronouncements	3 Months Ended
	3-May-14
Accounting Changes And Error Corrections [Abstract]	'
Recent Accounting Pronouncements	'
	NOTE 2—RECENT ACCOUNTING PRONOUNCEMENTS
	Accounting for Leases
	The Financial Accounting Standards Board (“FASB”) is currently working on amendments to existing accounting standards governing a number of areas including, but not limited to, accounting for leases. In May 2013, the FASB issued a new exposure draft, Leases (Topic 841) (the “Exposure Draft”), which would replace the existing guidance in ASC 840. Under the Exposure Draft, among other changes in practice, a lessee’s rights and obligations under most leases, including existing and new arrangements, would be recognized as assets and liabilities, respectively, on the balance sheet. Other significant provisions of the Exposure Draft include (i) defining the “lease term” to include the noncancellable period together with periods for which there is a significant economic incentive for the lessee to extend or not terminate the lease; (ii) defining the initial lease liability to be recorded on the balance sheet to contemplate only those variable lease payments that depend on an index or that are in substance “fixed”; and (iii) a dual approach for determining whether lease expense is recognized on a straight-line or accelerated basis, depending on whether the lessee is expected to consume more than an insignificant portion of the leased asset’s economic benefits. The comment period for the Exposure Draft ended on September 13, 2013. If and when effective, this Exposure Draft will likely have a significant impact on the Company’s consolidated financial statements. However, as the standard-setting process is still ongoing, the Company is unable to determine the impact this proposed change in accounting standards will have on its consolidated financial statements.
	Presentation of Unrecognized Tax Benefits
	In July 2013, the FASB issued an Accounting Standards Update, which requires that an unrecognized tax benefit, or a portion of an unrecognized tax benefit, should be presented in the financial statements as a reduction to a deferred tax asset for a net operating loss carryforward, a similar tax loss, or a tax credit carryforward, with certain exceptions. This guidance is effective for annual and interim reporting periods beginning after December 15, 2013, with early adoption permitted. The Company adopted this guidance in the first quarter of fiscal 2014 and adoption did not have a material impact on its consolidated financial statements.
	Revenue from Contracts with Customers
	In May 2014, the FASB and International Accounting Standards Board issued their converged standard on revenue recognition, Accounting Standards Update 2014-09 – Revenue from Contracts with Customers (Topic 606). This standard outlines a single comprehensive model for companies to use in accounting for revenue arising from contracts with customers and supersedes most current revenue recognition guidance, including industry-specific guidance. The core principle of the revenue model is that revenue is recognized when a customer obtains control of a good or service. A customer obtains control when it has the ability to direct the use of and obtain the benefits from the good or service. Transfer of control is not the same as transfer of risks and rewards, as it is considered in current guidance. The Company will also need to apply new guidance to determine whether revenue should be recognized over time or at a point in time. This standard will be effective for the first interim period within annual reporting periods beginning after December 15, 2016, with no early adoption permitted, and is required to be applied retrospectively. The Company has reviewed the standard and does not believe it will have a material impact on its consolidated financial statements.

Prepaid_Expense_and_Other_Curr

Prepaid Expense and Other Current Assets	3 Months Ended
	3-May-14
Text Block [Abstract]	'
Prepaid Expense and Other Current Assets	'
	NOTE 3—PREPAID EXPENSE AND OTHER CURRENT ASSETS
	Prepaid expense and other current assets consist of the following (in thousands):
		May 3,		February 1,
		2014		2014
	Capitalized catalog costs	$	73,718	$	49,274
	Vendor deposits		31,611		36,694
	Prepaid expense and other current assets		21,543		17,185
	Total prepaid expense and other current assets	$	126,872	$	103,153

Goodwill_and_Intangible_Assets

Goodwill and Intangible Assets	3 Months Ended
	3-May-14
Goodwill And Intangible Assets Disclosure [Abstract]	'
Goodwill and Intangible Assets	'
	NOTE 4—GOODWILL AND INTANGIBLE ASSETS
	The following sets forth the goodwill and intangible assets as of May 3, 2014 (in thousands):
			Gross			Accumulated			Foreign		Net Book
			Carrying			Amortization			Currency		Value
			Amount						Translation
	Intangible assets subject to amortization:
	Fair value of leases (1)
	Fair market write-up		$	10,643		$	(9,411	)	$	43	$	1,275
	Fair market write-down (2)			(2,591	)		2,119			—		(472	)
	Customer relationships (3)			80			(20	)		—		60
	Total intangible assets subject to amortization			8,132			(7,312	)		43		863
	Intangible assets not subject to amortization:
	Goodwill			124,461			—			166		124,627
	Trademarks and domain names			47,410			—			—		47,410
	Total intangible assets		$	180,003		$	(7,312	)	$	209	$	172,900
	-1	The fair value of each lease is amortized over the life of the respective lease.
	-2	The fair market write-down of leases is included in other long-term obligations on the condensed consolidated balance sheets
	-3	Customer relationships are amortized over a one-year period.
	The following sets forth the goodwill and intangible assets as of February 1, 2014 (in thousands):
			Gross			Accumulated			Foreign		Net Book
			Carrying			Amortization			Currency		Value
			Amount						Translation
	Intangible assets subject to amortization:
	Fair value of leases (1)
	Fair market write-up		$	10,443		$	(9,187	)	$	42	$	1,298
	Fair market write-down (2)			(2,591	)		2,072			—		(519	)
	Total intangible assets subject to amortization			7,852			(7,115	)		42		779
	Intangible assets not subject to amortization:
	Goodwill			122,285			—			139		122,424
	Trademarks and domain names			47,410			—			—		47,410
	Total intangible assets		$	177,547		$	(7,115	)	$	181	$	170,613
	-1	The fair value of each lease is amortized over the life of the respective lease.
	-2	The fair market write-down of leases is included in other long-term obligations on the condensed consolidated balance sheets.

Other_Current_Liabilities

Other Current Liabilities	3 Months Ended
	3-May-14
Text Block [Abstract]	'
Other Current Liabilities	'
	NOTE 5—OTHER CURRENT LIABILITIES
	Other current liabilities consist of the following (in thousands):
		May 3,		February 1,
		2014		2014
	Unredeemed gift certificate and merchandise credit liability	$	19,470	$	18,830
	Allowance for sales returns		10,892		12,142
	Capital lease obligation—current		903		1,807
	Federal, state and foreign tax payable		161		22,254
	Other liabilities		1,801		1,897
	Total other current liabilities	$	33,227	$	56,930

Other_LongTerm_Obligations

Other Long-Term Obligations	3 Months Ended
	3-May-14
Other Liabilities Disclosure [Abstract]	'
Other Long-Term Obligations	'
	NOTE 6—OTHER LONG-TERM OBLIGATIONS
	Other long-term obligations consist of the following (in thousands):
		May 3,		February 1,
		2014		2014
	Financing obligations under build-to-suit transactions	$	45,752	$	33,165
	Long-term notes payable for share repurchases		18,392		2,710
	Unrecognized tax benefits		1,793		1,739
	Other long-term obligations		1,606		1,617
	Total other long-term obligations	$	67,543	$	39,231

Line_of_Credit

Line of Credit	3 Months Ended
	3-May-14
Debt Disclosure [Abstract]	'
Line of Credit	'
	NOTE 7—LINE OF CREDIT
	As of May 3, 2014, the Company had $149.1 million outstanding and $229.4 million undrawn borrowing availability under the revolving line of credit. As of May 3, 2014 and February 1, 2014, there were $18.5 million and $18.9 million in outstanding letters of credit, respectively.
	Borrowings under the revolving line of credit are subject to interest, at the borrowers’ option, at either the bank’s reference rate or LIBOR (or the BA Rate or the Canadian Prime Rate, as such terms are defined in the credit agreement, for Canadian borrowings denominated in Canadian dollars or the United States Index Rate or LIBOR for Canadian borrowings denominated in United States dollars) plus an applicable margin rate, in each case. The weighted-average interest rate for the revolving line of credit was 2.32% as of May 3, 2014.
	The credit agreement contains various restrictive covenants, including, among others, limitations on the ability to incur liens, make loans or other investments, incur additional debt, issue additional equity, merge or consolidate with or into another person, sell assets, pay dividends or make other distributions, or enter into transactions with affiliates, along with other restrictions and limitations typical to credit agreements of this type and size. As of May 3, 2014, the Company was in compliance with all covenants contained in the credit agreement.

Income_Taxes

Income Taxes	3 Months Ended
	3-May-14
Income Tax Disclosure [Abstract]	'
Income Taxes	'
	NOTE 8—INCOME TAXES
	The effective tax rate was 34.04% and 51.06% for the three months ended May 3, 2014, and May 4, 2013, respectively. During the three months ended May 3, 2014, the Company received a Canadian tax refund of $0.2 million which reduced its effective tax rate. The effective tax rate for the three months ended May 4, 2013 was significantly impacted by (i) the Company reporting a loss before income taxes, (ii) non-deductible stock-based compensation and (iii) other non-deductible expenses.
	As of May 3, 2014, the Company has retained a valuation allowance of $0.2 million against deferred tax assets for its Shanghai operations.
	As of both May 3, 2014 and February 1, 2014, $1.4 million of the exposures related to unrecognized tax benefits would affect the effective tax rate if realized and are included in other long-term obligations on the condensed consolidated balance sheets. These amounts are primarily associated with foreign tax exposures that would, if realized, reduce the amount of net operating losses that would ultimately be utilized. As of May 3, 2014, $0.4 million of the exposures related to unrecognized tax benefits are expected to decrease in the next 12 months due to the lapse of the statute of limitations.
	Adjustments required upon adoption of accounting for uncertainty in income taxes related to deferred tax asset accounts were offset by the related valuation allowance. Future changes to the Company’s assessment of the realizability of those deferred tax assets will impact the effective tax rate. The Company accounts for interest and penalties related to exposures as a component of income tax expense. The Company has accrued $0.4 million and $0.3 million of interest associated with exposures as of May 3, 2014 and February 1, 2014, respectively.

Earnings_Per_Share

Earnings Per Share	3 Months Ended
	3-May-14
Earnings Per Share [Abstract]	'
Earnings Per Share	'
	NOTE 9—EARNINGS PER SHARE
	The weighted-average shares used for earnings per share is as follows:
		Three Months Ended
		May 3,		May 4,
		2014		2013
	Weighted-average shares—basic		39,152,923		38,076,026
	Effect of dilutive stock-based awards		1,634,803		—
	Weighted-average shares—diluted		40,787,726		38,076,026
	For the three months ended May 3, 2014, options and restricted stock units of 1,362,462 and 22,750, respectively, were excluded from the calculation of diluted earnings per share because their inclusion would have been anti-dilutive. For the three months ended May 4, 2013, options and restricted stock units of 8,246,577 and 41,713, respectively, were excluded from the calculation of diluted net loss per share because their inclusion would have been anti-dilutive due to the Company’s net loss in the period.

Share_Repurchases

Share Repurchases	3 Months Ended
	3-May-14
Equity [Abstract]	'
Share Repurchases	'
	NOTE 10—SHARE REPURCHASES
	Certain options and awards granted under the Company’s equity plans contain a repurchase right, which may be exercised at the Company’s discretion in the event of the termination of an employee’s employment with the Company. During the three months ended May 3, 2014, the Company repurchased 241,322 shares of common stock from former employees pursuant to such repurchase right. The shares were repurchased for fair value at a weighted-average price of $64.98 per share and were settled with the issuance of promissory notes bearing interest at 5%, paid annually, with principal due at the end of an 8-year term. During the three months ended May 4, 2013, the Company did not repurchase any common stock.
	As of May 3, 2014, the aggregate unpaid principal amount of the promissory notes was $18.4 million, which is included in other long-term obligations on the condensed consolidated balance sheets.

StockBased_Compensation

Stock-Based Compensation	3 Months Ended
	3-May-14
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]	'
Stock-Based Compensation	'
	NOTE 11—STOCK-BASED COMPENSATION
	The Company estimates the value of equity grants based upon an option-pricing model and recognizes this estimated value as compensation expense over the vesting periods. The Company recognizes expense associated with performance-based awards when it becomes probable that the performance condition will be met. Once it becomes probable that an award will vest, the Company recognizes compensation expense equal to the number of shares which have vested multiplied by the fair value of the related shares measured at the grant date.
	Stock-based compensation expense is included in selling, general and administrative expenses on the condensed consolidated statements of operations. The Company recorded stock-based compensation expense of $2.2 million and $3.6 million in the three months ended May 3, 2014 and May 4, 2013, respectively. No stock-based compensation cost has been capitalized in the accompanying condensed consolidated financial statements.
	2012 Stock Option Plan and 2012 Stock Incentive Plan
	As of May 3, 2014, 6,134,091 options were outstanding with a weighted-average exercise price of $47.15 per share and 5,599,966 options were vested with a weighted-average exercise price of $46.18 per share. The aggregate intrinsic value of options outstanding, options vested or expected to vest, and options exercisable as of May 3, 2014 was $112.5 million, $112.1 million, and $108.2 million, respectively. Stock options exercisable as of May 3, 2014 had a weighted-average remaining contractual life of 8.57 years. As of May 3, 2014, the total unrecognized compensation expense related to unvested options was $9.4 million, which is expected to be recognized on a straight-line basis over a weighted-average period of 3.90 years.
	As of May 3, 2014, the Company had 377,819 restricted stock awards outstanding with a weighted-average grant date fair value of $64.01 per share. During the three months ended May 3, 2014, 6,249 restricted stock awards with a weighted-average grant date fair value of $38.36 per share vested. As of May 3, 2014, there was $17.1 million of total unrecognized compensation expense related to unvested restricted stock awards which is expected to be recognized over a weighted-average period of 3.54 years.
	2012 Equity Replacement Plan
	In November 2012, in connection with the Company’s initial public offering, Mr. Friedman and Mr. Alberini received unvested restricted shares under the Restoration Hardware 2012 Equity Replacement Plan in replacement of certain of their performance-based units granted under the Team Resto Ownership Plan. With respect to the 1,331,548 shares received by Mr. Friedman and Mr. Alberini in replacement of certain of their performance-based units, such shares began to vest during the period following the initial public offering when the price of the Company’s common stock reached a 10-day average closing price per share of $31.00 for at least 10 consecutive trading days, and such shares fully vested when the price of the Company’s common stock reached a 10-day average closing price per share of $46.50 for at least 10 consecutive trading days.
	For Mr. Friedman, these units were marked to market every period through the satisfaction of the vesting criteria in accordance with ASC Topic 718—Stock Compensation, due to his advisory role of Creator and Curator from October 2012 to June 2013.
	Prior to the three months ended May 4, 2013, 1,191,091 shares of the 1,331,548 shares received by Mr. Friedman and Mr. Alberini in replacement of certain of their performance-based units had vested in accordance with the performance objectives as described above. During three months ended May 4, 2013, the remaining unvested 140,457 shares of the 1,331,548 shares received by Mr. Alberini and Mr. Friedman had vested in accordance with the performance objectives as described above. The Company recorded a non-cash compensation charge of $3.4 million related to these awards in the three months ended May 4, 2013, which is included in the total stock-based compensation amount above. In May 2013, all shares received by Mr. Friedman and Mr. Alberini in replacement of certain of their performance-based units had vested in accordance with the performance objectives. No additional compensation expense will be recorded in future periods related to these awards.

Commitments_and_Contingencies

Commitments and Contingencies	3 Months Ended
	3-May-14
Commitments And Contingencies Disclosure [Abstract]	'
Commitments and Contingencies	'
	NOTE 12—COMMITMENTS AND CONTINGENCIES
	Commitments
	The Company has no off balance sheet commitments as of May 3, 2014.
	Contingencies
	The Company is involved in lawsuits, claims and proceedings incident to the ordinary course of its business. These disputes are increasing in number as the business expands and the Company grows larger. Litigation is inherently unpredictable. As a result, the outcome of matters in which the Company is involved could result in unexpected expenses and liability that could adversely affect the Company’s operations. In addition, any claims against the Company, whether meritorious or not, could be time consuming, result in costly litigation, require significant amounts of management time and result in the diversion of significant operational resources.
	The Company reviews the need for any loss contingency reserves and establishes reserves when, in the opinion of management, it is probable that a matter would result in liability, and the amount of loss, if any, can be reasonably estimated. Generally, in view of the inherent difficulty of predicting the outcome of those matters, particularly in cases in which claimants seek substantial or indeterminate damages, it is not possible to determine whether a liability has been incurred or to reasonably estimate the ultimate or minimum amount of that liability until the case is close to resolution, in which case no reserve is established until that time. As of May 3, 2014, the Company has recorded a liability for the estimated loss related to these disputes. There is a possibility that additional losses may be incurred in excess of the amounts that the Company has accrued. However, the Company believes that the ultimate resolution of these current matters will not have a material adverse effect on its condensed consolidated financial statements.
	In the three month period ended May 3, 2014, material developments occurred in an ongoing legal proceeding involving the Company. On October 21, 2008, Mike Hernandez, individually and on behalf of others similarly situated, filed a class action in the Superior Court of the State of California for the County of San Diego against Restoration Hardware, Inc. alleging principally that the Company violated California’s Song-Beverly Credit Card Act of 1971 by requesting and recording ZIP codes from customers paying with credit cards. On May 23, 2014, in response to a directive from the Court, the parties filed a joint statement as to the parties’ agreed-upon claims process for the class members as well as to other matters related to this proceeding, all of which remain subject to Court approval. As a result of these developments, the Company recorded a $9.2 million charge related to this matter during the three months ended May 3, 2014.

Segment_Reporting

Segment Reporting	3 Months Ended
	3-May-14
Segment Reporting [Abstract]	'
Segment Reporting	'
	NOTE 13—SEGMENT REPORTING
	The Company defines an operating segment on the same basis that it uses to evaluate performance internally by the Chief Operating Decision Maker (“CODM”). The Company has determined that the Chief Executive Officer is its CODM and there is one operating segment. Therefore, the Company reports as a single segment. This includes all sales channels accessed by the Company’s customers, including sales through catalogs, sales through the Company’s website and sales through the Company’s stores.
	The Company classifies its sales into furniture and non-furniture product lines. Furniture includes both indoor and outdoor furniture. Non-furniture includes lighting, textiles, accessories and home décor. Net revenues in each category were as follows (in thousands):
		Three Months Ended
		May 3,		May 4,
		2014		2013
	Furniture	$	209,741	$	171,373
	Non-furniture		156,513		129,964
	Total net revenues	$	366,254	$	301,337
	The Company is domiciled in the United States and operates stores in the United States and Canada. Revenues from Canadian operations, and the long-lived assets in Canada, are not material to the Company. Geographic revenues are determined based upon where service is rendered.
	No single customer accounted for more than 10% of the Company’s revenues in the three months ended May 3, 2014 or May 4, 2013.

The_Company_Policies

The Company (Policies)	3 Months Ended
	3-May-14
Accounting Policies [Abstract]	'
Nature of Business	'
	Nature of Business
	Restoration Hardware Holdings, Inc., a Delaware corporation, together with its subsidiaries (collectively, the “Company”), is a luxury home furnishings retailer that offers a growing number of categories including furniture, lighting, textiles, bathware, décor, outdoor and garden, tableware and children’s furnishings. These products are sold through the Company’s stores, catalogs and websites. As of May 3, 2014, the Company operated a total of 69 retail stores and 17 outlet stores in 29 states, the District of Columbia and Canada, and had sourcing operations in Shanghai and Hong Kong.
Basis of Presentation	'
	Basis of Presentation
	The accompanying unaudited interim condensed consolidated financial statements have been prepared from the Company’s records and, in management’s opinion, include all adjustments necessary to fairly state the Company’s financial position as of May 3, 2014, and the results of operations for the three months ended May 3, 2014 and May 4, 2013. The Company’s current fiscal year ends on January 31, 2015 (“fiscal 2014”).
	Certain information and disclosures normally included in the notes to annual consolidated financial statements prepared in accordance with accounting principles generally accepted in the United States of America have been condensed or omitted for purposes of these interim condensed consolidated financial statements.
	These unaudited interim condensed consolidated financial statements should be read in conjunction with the consolidated financial statements and related notes included in the Company’s Annual Report on Form 10-K for the fiscal year ended February 1, 2014 (“2013 Form 10-K”). Certain prior year amounts have been reclassified for consistency with the current period presentation. This reclassification had no effect on the previously reported consolidated results of operations, financial position or cash flows.
	The results of operations for the three months ended May 3, 2014 presented herein are not necessarily indicative of the results to be expected for the full fiscal year.
Acquisition	'
	Acquisition
	On February 3, 2014, the Company completed a business acquisition from an entity that is owned by an employee of the Company for an aggregate purchase price of $2.5 million. The Company accounted for this acquisition utilizing the purchase method. In accordance with the purchase method, all assets and liabilities were recorded at fair value, including goodwill and other intangible assets acquired. Goodwill and other intangible assets related to this acquisition are included in these condensed consolidated financial statements.

Prepaid_Expense_and_Other_Curr1

Prepaid Expense and Other Current Assets (Tables)	3 Months Ended
	3-May-14
Text Block [Abstract]	'
Prepaid Expense and Other Current Assets	'
	Prepaid expense and other current assets consist of the following (in thousands):
		May 3,		February 1,
		2014		2014
	Capitalized catalog costs	$	73,718	$	49,274
	Vendor deposits		31,611		36,694
	Prepaid expense and other current assets		21,543		17,185
	Total prepaid expense and other current assets	$	126,872	$	103,153

Goodwill_and_Intangible_Assets1

Goodwill and Intangible Assets (Tables)	3 Months Ended
	3-May-14
Goodwill And Intangible Assets Disclosure [Abstract]	'
Goodwill and Intangible Assets	'
	The following sets forth the goodwill and intangible assets as of May 3, 2014 (in thousands):
			Gross			Accumulated			Foreign		Net Book
			Carrying			Amortization			Currency		Value
			Amount						Translation
	Intangible assets subject to amortization:
	Fair value of leases (1)
	Fair market write-up		$	10,643		$	(9,411	)	$	43	$	1,275
	Fair market write-down (2)			(2,591	)		2,119			—		(472	)
	Customer relationships (3)			80			(20	)		—		60
	Total intangible assets subject to amortization			8,132			(7,312	)		43		863
	Intangible assets not subject to amortization:
	Goodwill			124,461			—			166		124,627
	Trademarks and domain names			47,410			—			—		47,410
	Total intangible assets		$	180,003		$	(7,312	)	$	209	$	172,900
	-1	The fair value of each lease is amortized over the life of the respective lease.
	-2	The fair market write-down of leases is included in other long-term obligations on the condensed consolidated balance sheets
	-3	Customer relationships are amortized over a one-year period.
	The following sets forth the goodwill and intangible assets as of February 1, 2014 (in thousands):
			Gross			Accumulated			Foreign		Net Book
			Carrying			Amortization			Currency		Value
			Amount						Translation
	Intangible assets subject to amortization:
	Fair value of leases (1)
	Fair market write-up		$	10,443		$	(9,187	)	$	42	$	1,298
	Fair market write-down (2)			(2,591	)		2,072			—		(519	)
	Total intangible assets subject to amortization			7,852			(7,115	)		42		779
	Intangible assets not subject to amortization:
	Goodwill			122,285			—			139		122,424
	Trademarks and domain names			47,410			—			—		47,410
	Total intangible assets		$	177,547		$	(7,115	)	$	181	$	170,613
	-1	The fair value of each lease is amortized over the life of the respective lease.
	-2	The fair market write-down of leases is included in other long-term obligations on the condensed consolidated balance sheets.

Other_Current_Liabilities_Tabl

Other Current Liabilities (Tables)	3 Months Ended
	3-May-14
Text Block [Abstract]	'
Schedule of Other Current Liabilities	'
	Other current liabilities consist of the following (in thousands):
		May 3,		February 1,
		2014		2014
	Unredeemed gift certificate and merchandise credit liability	$	19,470	$	18,830
	Allowance for sales returns		10,892		12,142
	Capital lease obligation—current		903		1,807
	Federal, state and foreign tax payable		161		22,254
	Other liabilities		1,801		1,897
	Total other current liabilities	$	33,227	$	56,930

Other_LongTerm_Obligations_Tab

Other Long-Term Obligations (Tables)	3 Months Ended
	3-May-14
Other Liabilities Disclosure [Abstract]	'
Schedule of Other Long-Term Obligations	'
	Other long-term obligations consist of the following (in thousands):
		May 3,		February 1,
		2014		2014
	Financing obligations under build-to-suit transactions	$	45,752	$	33,165
	Long-term notes payable for share repurchases		18,392		2,710
	Unrecognized tax benefits		1,793		1,739
	Other long-term obligations		1,606		1,617
	Total other long-term obligations	$	67,543	$	39,231

Earnings_Per_Share_Tables

Earnings Per Share (Tables)	3 Months Ended
	3-May-14
Earnings Per Share [Abstract]	'
Schedule of Weighted-Average Shares Used for Earnings Per Share	'
	The weighted-average shares used for earnings per share is as follows:
		Three Months Ended
		May 3,		May 4,
		2014		2013
	Weighted-average shares—basic		39,152,923		38,076,026
	Effect of dilutive stock-based awards		1,634,803		—
	Weighted-average shares—diluted		40,787,726		38,076,026

Segment_Reporting_Tables

Segment Reporting (Tables)	3 Months Ended
	3-May-14
Segment Reporting [Abstract]	'
Net Revenues	'
	The Company classifies its sales into furniture and non-furniture product lines. Furniture includes both indoor and outdoor furniture. Non-furniture includes lighting, textiles, accessories and home décor. Net revenues in each category were as follows (in thousands):
		Three Months Ended
		May 3,		May 4,
		2014		2013
	Furniture	$	209,741	$	171,373
	Non-furniture		156,513		129,964
	Total net revenues	$	366,254	$	301,337

The_Company_Additional_Informa

The Company - Additional Information (Detail) (USD $)	3 Months Ended
In Millions, unless otherwise specified	3-May-14	Feb. 03, 2014
	Store
	State
Collaboration Arrangement Disclosure [Abstract]	'	'
Number of retail stores	69	'
Number of outlet stores	17	'
Number of states	29	'
Aggregate purchase price of assets acquired	'	$2.50

Prepaid_Expense_and_Other_Curr2

Prepaid Expense and Other Current Assets - Prepaid Expense and Other Current Assets (Detail) (USD $)	3-May-14	Feb. 01, 2014
In Thousands, unless otherwise specified
Deferred Costs Capitalized Prepaid And Other Assets Disclosure [Abstract]	'	'
Capitalized catalog costs	$73,718	$49,274
Vendor deposits	31,611	36,694
Prepaid expense and other current assets	21,543	17,185
Total prepaid expense and other current assets	$126,872	$103,153

Goodwill_and_Intangible_Assets2

Goodwill and Intangible Assets - Goodwill and Intangible Assets (Detail) (USD $)	3 Months Ended	12 Months Ended
In Thousands, unless otherwise specified	3-May-14	Feb. 01, 2014
Finite-Lived Intangible Assets [Line Items]	'	'
Gross Carrying Amount	$180,003	$177,547
Accumulated Amortization	-7,312	-7,115
Foreign Currency Translation	209	181
Net Book Value	172,900	170,613
Fair Market Write-up [Member]	'	'
Finite-Lived Intangible Assets [Line Items]	'	'
Gross Carrying Amount	10,643	10,443
Accumulated Amortization	-9,411	-9,187
Foreign Currency Translation	43	42
Net Book Value	1,275	1,298
Fair Market Write-down [Member]	'	'
Finite-Lived Intangible Assets [Line Items]	'	'
Gross Carrying Amount	-2,591	-2,591
Accumulated Amortization	2,119	2,072
Foreign Currency Translation	'	'
Net Book Value	-472	-519
Total Intangible Assets Subject to Amortization [Member]	'	'
Finite-Lived Intangible Assets [Line Items]	'	'
Gross Carrying Amount	8,132	7,852
Accumulated Amortization	-7,312	-7,115
Foreign Currency Translation	43	42
Net Book Value	863	779
Goodwill [Member]	'	'
Finite-Lived Intangible Assets [Line Items]	'	'
Gross Carrying Amount	124,461	122,285
Accumulated Amortization	'	'
Foreign Currency Translation	166	139
Net Book Value	124,627	122,424
Trademarks and Domain Names [Member]	'	'
Finite-Lived Intangible Assets [Line Items]	'	'
Gross Carrying Amount	47,410	47,410
Accumulated Amortization	'	'
Foreign Currency Translation	'	'
Net Book Value	47,410	47,410
Customer Relationships [Member]	'	'
Finite-Lived Intangible Assets [Line Items]	'	'
Gross Carrying Amount	80	'
Accumulated Amortization	-20	'
Foreign Currency Translation	'	'
Net Book Value	$60	'

Goodwill_and_Intangible_Assets3

Goodwill and Intangible Assets - Goodwill and Intangible Assets (Parenthetical) (Detail) (Customer Relationships [Member])	3 Months Ended
	3-May-14
Customer Relationships [Member]	'
Finite-Lived Intangible Assets [Line Items]	'
Amortization period	'1 year

Other_Current_Liabilities_Sche

Other Current Liabilities - Schedule of Other Current Liabilities (Detail) (USD $)	3-May-14	Feb. 01, 2014
In Thousands, unless otherwise specified
Payables And Accruals [Abstract]	'	'
Unredeemed gift certificate and merchandise credit liability	$19,470	$18,830
Allowance for sales returns	10,892	12,142
Capital lease obligation-current	903	1,807
Federal, state and foreign tax payable	161	22,254
Other liabilities	1,801	1,897
Total other current liabilities	$33,227	$56,930

Other_LongTerm_Obligations_Sch

Other Long-Term Obligations - Schedule of Other Long-Term Obligations (Detail) (USD $)	3-May-14	Feb. 01, 2014
In Thousands, unless otherwise specified
Other Liabilities Disclosure [Abstract]	'	'
Financing obligations under build-to-suit transactions	$45,752	$33,165
Long-term notes payable for share repurchases	18,392	2,710
Unrecognized tax benefits	1,793	1,739
Other long-term obligations	1,606	1,617
Total other long-term obligations	$67,543	$39,231

Line_of_Credit_Additional_Info

Line of Credit - Additional Information (Detail) (USD $)	3 Months Ended
	3-May-14	Feb. 01, 2014
Debt Disclosure [Abstract]	'	'
Outstanding revolving line of credit	$149,146,000	$85,425,000
Undrawn borrowing availability under the revolving line of credit	229,400,000	'
Outstanding letters of credit	$18,500,000	$18,900,000
Weighted-average interest rate for the revolving line of credit	2.32%	'

Income_Taxes_Additional_Inform

Income Taxes - Additional Information (Detail) (USD $)	1 Months Ended	3 Months Ended
In Millions, unless otherwise specified	3-May-14	3-May-14	4-May-13	Feb. 01, 2014
Income Tax Disclosure [Abstract]	'	'	'	'
Effective income tax rate	'	34.04%	51.06%	'
Canadian tax refund amount	'	$0.20	'	'
Valuation allowance retained against deferred tax assets	0.2	0.2	'	'
Unrecognized tax benefits	1.4	1.4	'	1.4
Exposures related to unrecognized tax benefits	0.4	0.4	'	'
Period of unrecognized tax benefits change	'12 months	'	'	'
Accrued penalties and interest expenses	$0.40	$0.40	'	$0.30

Earnings_Per_Share_Schedule_of

Earnings Per Share - Schedule of Weighted-Average Shares Used for Earnings Per Share (Detail)	3 Months Ended
	3-May-14	4-May-13
Earnings Per Share [Abstract]	'	'
Weighted-average shares-basic	39,152,923	38,076,026
Effect of dilutive stock-based awards	1,634,803	'
Weighted-average shares-diluted	40,787,726	38,076,026

Earnings_Per_Share_Additional_

Earnings Per Share - Additional Information (Detail)	3 Months Ended
	3-May-14	4-May-13
Options [Member]	'	'
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]	'	'
Options and restricted stock units were excluded from calculation of diluted net earnings share	1,362,462	8,246,577
Restricted Stock [Member]	'	'
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]	'	'
Options and restricted stock units were excluded from calculation of diluted net earnings share	22,750	41,713

Share_Repurchases_Additional_I

Share Repurchases - Additional Information (Detail) (USD $)	3 Months Ended
In Millions, except Share data, unless otherwise specified	3-May-14	4-May-13
Equity, Class of Treasury Stock [Line Items]	'	'
Common stock share repurchased	241,322	0
Weighted-average price per share	$64.98	'
Promissory Notes [Member]	'	'
Equity, Class of Treasury Stock [Line Items]	'	'
Debt instrument, stated interest percentage	5.00%	'
Debt instrument, term	'8 years	'
Debt instrument unpaid principal amount	$18.40	'

StockBased_Compensation_Additi

Stock-Based Compensation - Additional Information (Detail) (USD $)	3 Months Ended
	3-May-14	4-May-13
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]	'	'
Stock-based compensation expense	$2,231,000	$3,631,000
Stock-based compensation cost capitalized	$0	$0

StockBased_Compensation_2012_S

Stock-Based Compensation - 2012 Stock Option Plan and 2012 Stock Incentive Plan - Additional Information (Detail) (2012 Stock Option Plan and 2012 Stock Incentive Plan [Member], USD $)	3 Months Ended
In Millions, except Share data, unless otherwise specified	3-May-14
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'
Numbers of options outstanding	6,134,091
Options outstanding, weighted-average exercise price per share	$47.15
Numbers of options vested	5,599,966
Vested weighted-average exercise price per share	$46.18
Aggregate intrinsic value of options outstanding	$112.50
Aggregate intrinsic value of options vested or expected to vest	112.1
Aggregate intrinsic value of options exercisable	108.2
Weighted-average remaining contractual life of options exercisable	'8 years 6 months 26 days
Vested restricted stock unit awards	6,249
Straight-line [Member]	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'
Unrecognized compensation expense related to unvested options	9.4
Unrecognized compensation expense with weighted-average period	'3 years 10 months 24 days
Restricted Stock Awards [Member]	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'
Vested weighted-average exercise price per share	$38.36
Unrecognized compensation expense related to unvested options	$17.10
Unrecognized compensation expense with weighted-average period	'3 years 6 months 15 days
Restricted stock awards outstanding	377,819
Restricted stock awards outstanding with weighted-average grant date fair value per share	$64.01

StockBased_Compensation_2012_E

Stock-Based Compensation - 2012 Equity Replacement Plan - Additional Information (Detail) (USD $)	3 Months Ended				3 Months Ended	12 Months Ended	3 Months Ended
	3-May-14	4-May-13	4-May-13	Feb. 02, 2013	3-May-14	Feb. 02, 2013	4-May-13
			2012 Equity Replacement Plan [Member]	2012 Equity Replacement Plan [Member]	2012 Equity Replacement Plan [Member]	Restricted Stock [Member]	Performance-based Awards [Member]
					Scenario, Forecast [Member]	2012 Equity Replacement Plan [Member]	2012 Equity Replacement Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'	'	'	'	'	'
Shares received	'	'	'	1,331,548	'	1,331,548	'
Common stock, price per share	'	'	'	'	'	$31	'
Consecutive trading days	'	'	'	'	'	'10 days	'
Common stock, value	'	'	'	'	'	$46.50	'
Restricted shares vested, issued	'	'	'	1,191,091	'	'	'
Remaining unvested shares	'	'	140,457	'	'	'	'
Non-cash compensation charge	'	'	'	'	'	'	$3,400,000
Stock-based compensation expense	$2,231,000	$3,631,000	'	'	$0	'	'

Commitments_and_Contingencies_

Commitments and Contingencies - Additional Information (Detail) (USD $)	3 Months Ended
In Millions, unless otherwise specified	3-May-14
Commitments And Contingencies Disclosure [Abstract]	'
Off balance sheet commitments	$0
Litigation charge	$9.20

Segment_Reporting_Additional_I

Segment Reporting - Additional Information (Detail)	3 Months Ended
	3-May-14	4-May-13
	Customer	Customer
	Segment
Segment Reporting Information [Line Items]	'	'
Number of operating segment	1	'
Number of customers accounted for more than 10% of Company's revenues	0	0
Sales [Member]	'	'
Segment Reporting Information [Line Items]	'	'
Portion of specified customers portion in total revenues	10.00%	10.00%

Segment_Reporting_Net_Revenues

Segment Reporting - Net Revenues (Detail) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	3-May-14	4-May-13
Segment Reporting Information [Line Items]	'	'
Total net revenues	$366,254	$301,337
Furniture [Member]	'	'
Segment Reporting Information [Line Items]	'	'
Total net revenues	209,741	171,373
Non-furniture [Member]	'	'
Segment Reporting Information [Line Items]	'	'
Total net revenues	$156,513	$129,964